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| Market size in 2024 | US$ 5.8 billion |
Forecast Market size by 2030 | US$ 12.1 billion |
|---|---|---|---|
| Growth Rate | CAGR of 13.0% | Number of Pages | 98 Pages |
The global Text Mining market was valued at US$ 5.8 billion in 2024 and is projected to reach US$ 12.1 billion by 2030, at a CAGR of 13.0% during the forecast period 2024-2030.
Report Overview
Text mining (also referred to astext analytics) is an artificial intelligence (AI) technology that uses natural language processing (NLP) totransform the free (unstructured) text in documents and databases into normalized, structured data suitable for analysis or to drive machine learning (ML) algorithms.
This report provides a deep insight into the global Text Mining market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Text Mining Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Text Mining market in any manner.
Global Text Mining Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
IBM
Microsoft
SAS Institute
SAP SE
RapidMiner
Confirmit
Predixion Software
Lexalytics
Angoss Software
Market Segmentation (by Type)
On-Premise
Cloud-Based
Market Segmentation (by Application)
Data Analysis & Forecasting
Fraud/Spam Detection
Intelligence & Law Enforcement
Customer Relationship Management (CRM)
Geographic Segmentation
| Report Attributes | Report Details |
|---|---|
| Report Title | Global Text Mining Market Research Report 2024(Status and Outlook) |
| Market size in 2024 | US$ 5.8 billion |
| Forecast Market size by 2030 | US$ 12.1 billion |
| Growth Rate | CAGR of 13.0% |
| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year | 2023 |
| Forecast Year | 2031 |
| Number of Pages | 98 Pages |
| Customization Available | Yes, the report can be customized as per your need. |
Frequently Asked Questions ?
